Internship

Accounting Intern

Confirmed live in the last 24 hours

Figure

Figure

201-500 employees

Blockchain-based home equity lending solutions

Fintech
Crypto & Web3

Compensation Overview

$15 - $21Hourly

No H1B Sponsorship

Reno, NV, USA

Hybrid position requiring in-office presence.

Category
Bookkeeping
Financial Accounting
Accounting
Required Skills
Excel/Numbers/Sheets
Requirements
  • Declared major in Accounting, with completion of at least 1 intermediate accounting course
  • Ability to work in Microsoft Excel and other Microsoft Office applications
  • Analytical mindset and demonstrate ability to apply accounting concepts to assigned tasks
  • Ability to thrive in a fast-paced startup environment
  • Solid experiences demonstrating initiative and ownership in assigned task
Responsibilities
  • Obtain exposure to day-to-day accounting operations that support the entire business ranging from processing of accounts payable, recording journal entries, and preparation of financial statements
  • Interact with auditors to understand audit processes and requests, supplementing coursework learning with relevant tasks
  • Develop Standard Operating Procedures for accounting processes to support internal controls
  • Participate in meetings with the finance team to understand internal management budgeting and forecasting process

Figure is a financial technology company that uses blockchain technology to improve financial transactions, specifically in the home equity lending market. It offers products like Home Equity Lines of Credit (HELOCs) and mortgage refinancing, allowing homeowners to access their home equity quickly and efficiently. The application process is fully online, enabling homeowners to receive funds in as little as five days, which is much faster than traditional banks that can take weeks or months. By utilizing blockchain, Figure enhances the security and cost-effectiveness of transactions. The company generates revenue through origination fees and interest on loans, with competitive rates starting at 3.49% APR. Figure targets homeowners across various U.S. states and aims to expand its services further. The goal is to provide reliable and quick access to home equity for purposes like home improvements or debt consolidation.

Company Stage

Series D

Total Funding

$406.6M

Headquarters

San Francisco, California

Founded

2018

Growth & Insights
Headcount

6 month growth

-1%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Increased blockchain adoption boosts Figure's secure transaction offerings.
  • Figure Connect taps into the demand for liquid private capital markets.
  • Michael Tannenbaum's appointment as CEO suggests potential for growth.

What critics are saying

  • Recent layoffs may indicate financial instability or restructuring challenges.
  • New piggyback loan product could increase financial risk amid housing affordability issues.
  • Volatile crypto market could impact Figure's blockchain initiatives.

What makes Figure unique

  • Figure uses blockchain to offer fast, secure home equity access in five days.
  • The company provides a fully online application process, unlike traditional banks.
  • Figure's competitive interest rates start as low as 3.49% APR.

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Benefits

Health & wellness - Figure pays 100% of premium costs for employees and dependents for medical, dental, and vision insurance (with the exception of costs associated with the buy-up medical plan.)

Continuing education - Figure will reimburse eligible employees for approved continuing education that either offers growth in an area related to his or her current position or that may lead to promotional opportunities.

Flexible time off - We offer 10 company-wide holidays plus one personal holiday, generous Flexible Time Away (FTA), Paid Time Off (PTO), and Paid Parental Leave.

Bonus & stock options - Figure’s Bonus Plan recognizes and rewards eligible employees’ efforts and contributions. Eligible employees are also granted an option to purchase a set number of shares of Figure’s common stock.